URA accepts joint tender for Jurong Gateway site at nearly S$969m
By Stella Lee | Posted: 30 May 2011 2242 hrs
SINGAPORE: The Urban Redevelopment Authority (URA) has accepted a joint tender for the Jurong Gateway site at a tender price of nearly S$969 million from CapitaMall Trust, CapitaMalls Asia and CapitaLand.
The 99-year leasehold site is likely to be developed into a mixed retail and office space.
It has a land area of approximately 18,159 square metres, with a maximum permissible total gross floor area of 88,980 square metres.
Jurong Gateway is located beside the Jurong East MRT interchange station, and close to JCube and IMM building.
- CNA/cc
- wong chee tat :)
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